Business

Ibori’s hidden wealth traced to Oando

PM NEWS Live

13 years ago

Jailed former Nigerian Delta state governor, James Onanefe Ibori, hid some of his assets in the oil firm Oando and…

South Africa’s firm buys into Nigeria’s Mr Biggs

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13 years ago

South African dining and fast-food giant Famous Brands has secured a deal to buy a 49-percent stake in the restaurant…

US FDA issues import alert against drugmaker Ranbaxy

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13 years ago

Shares in Indian generic drugs giant Ranbaxy Laboratories crashed as much as 35 percent on Monday after the US Food…

Japan bids bye to atomic power, switches off nuclear reactors

PM NEWS Live

13 years ago

TOKYO(AFP) – Japan began switching off the nation’s last working nuclear reactor Sunday for a routine inspection, with no immediate…

Bodo community rejects Shell’s $50m over oil spills

PM NEWS Live

13 years ago

Negotiations between Shell and Nigerian residents of Bodo, an Ogoni community affected by two oil spills in 2008 failed to…

Forward Thinking With Geese Farming

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13 years ago

Prince Arinze Onebunne Many developing countries now recognize the importance of livestock in integrated production systems to provide the sustainable…

Delta State to build N3.6 billion floating market

PM NEWS Live

13 years ago

JETHRO IBILEKE/Asaba Nigeria’s Delta State Government has awarded a Contract for the construction of a concrete floating market at the…

Twitter goes public

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13 years ago

Twitter announced Thursday, in a tweet, that it has submitted papers for the most hotly anticipated stock offering in the…

Oil Spill: Shell offers to pay Nigerian community $50m

PM NEWS Live

13 years ago

The Shell Petroleum Development Company has offered to pay N7.5 billion, about $50m to the indigenes of Bodo community, Gokana…

Oil Subsidy Scam: Police Absence Stalls Trial

PM NEWS Live

13 years ago

A Federal High Court sitting in Lagos, western Nigeria Thursday morning adjourned till 18 September for the proper arraignment of…

Senegal to buy electricity from Mauritania

PM NEWS Live

13 years ago

Mauritania is to begin providing energy-starved Senegal with electricity within two years, both sides announced Thursday after a summit between…

$11m fraud: Nigerian jailed in The United States

PM NEWS Live

13 years ago

Ayo Oluokun/Abuja A Nigerian, Emmanuel Ehkator who was investigated by the Economic and Financial Crimes Commission, EFCC for criminal conspiracy…

New Security Gadgets Installed At Airports

PM NEWS Live

13 years ago

The Federal Airports Authority of Nigeria, FAAN, said on Tuesday it has installed modern security equipment at the nation’s airports…

Court Grants Ajudua Bail

PM NEWS Live

13 years ago

Alleged serial fraudster, Fred Ajudua, has been granted bail by a Lagos High Court sitting in Ikeja. Vacation judge, Justice…

Shareholders Fight Okocha, Wife Over Sports Company

PM NEWS Live

13 years ago

A Federal High Court sitting in Lagos has fixed 18 September to decide either to relist or not Jay-Jay Okocha…

Heritage Bank To Return Trapped Deposits In SGBN

PM NEWS Live

13 years ago

Kazeem Ugbodaga Heritage Bank Plc says it will refund 100 percent of customers’ deposits trapped in the defunct Societie Generale…

Amosun Launches Modern Taxi Scheme

PM NEWS Live

13 years ago

Abiodun Onafuye/Abeokuta Governor Ibikunle Amosun of Ogun State, southwestern, Nigeria has reiterated his administration’s commitment to construction of roads and…

Leader Of Airport Luggage Thieves Arrested

PM NEWS Live

13 years ago

The Federal Airports Authority of Nigeria, FAAN, said on Sunday it has unravelled thieves behind the disappearance of passengers’ luggage…

FAAN Unravels Luggage Rats At Lagos Airport

PM NEWS Live

13 years ago

Simon Ateba/Aviation correspondent The Federal Airports Authority of Nigeria FAAN, said on Sunday it has unravelled port rats behind the…

Shell to negotiate with Nigerian community over oil spills

PM NEWS Live

13 years ago

Shell is to begin compensation talks with thousands of Nigerian villagers who say their livelihoods were ruined by two massive…

Lagos Bus Drivers Use Cocaine —Fashola Raises Alarm

PM NEWS Live

13 years ago

Governor Babatunde Fashola of Lagos State, southwest Nigeria, has raised alarm that commuter bus drivers in the state now take…

Airtel Promotes Oladimeji, Anand And 79 Others

PM NEWS Live

13 years ago

One of Nigeria’s leading Telecommunications Services Provider, Airtel Nigeria, has elevated 81 employees, across various business functions. The promotions followed…

Nigeria approves N15b cheap loans for farmers

PM NEWS Live

13 years ago

Ayo Oluokun/Abuja Nigeria’s Federal Government has approved the grant of N15 billion, about $10m to the Bank of Agriculture (BOA),…

Why Kerosene Scarcity Will Persist

PM NEWS Live

13 years ago

Though Nigerians are just recovering from acute scarcity of kerosene, a major source of cooking gas used by the masses,…

Beware Of Fraudulent Transaction Alert

PM NEWS Live

13 years ago

Management of Zenith Bank Plc has alerted its customers to be wary of fraudulent transaction alerts purportedly sent by scammers…

Nigeria Customs shuts NAHCO, SAHCOL warehouses

PM NEWS Live

13 years ago

The Nigeria Customs Services (NCS), Murtala Muhammed International Airport (MMIA) command, on Wednesday ordered the closure of two cargo warehouses…

Dangote seals loan deal for refinery, visits Jonathan

PM NEWS Live

13 years ago

President Goodluck Jonathan pledged Wednesday in Abuja that his administration will keep on implementing policies and measures that will continuously…

NAHCO Shed Shut Over Crisis

PM NEWS Live

13 years ago

A crisis between clearing and forwarding agents and men of the Nigeria Customs Service, NCS, left NAHCO shed shut on…

Microsoft takes over Nokia phones

PM NEWS Live

13 years ago

Mobile phone pioneer Nokia on Tuesday announced the sale of its sinking handset business to software giant Microsoft, which is…

Oil Pollution: Fashola Orders OPD To Sue Civil Defence

PM NEWS Live

13 years ago

Governor Babatunde Fashola of Lagos State has ordered the Office of the Public Defender, OPD, to take legal action against…

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